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Allied Bank (KAR:ABL) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is Allied Bank Debt-to-Asset?

Allied Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨0 Mil. Allied Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨59,748 Mil. Allied Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ₨2,341,120 Mil. Allied Bank's debt to asset for the quarter that ended in Mar. 2024 was 0.03.


Allied Bank Debt-to-Asset Historical Data

The historical data trend for Allied Bank's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Allied Bank Debt-to-Asset Chart

Allied Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.02 0.02

Allied Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.03

Competitive Comparison of Allied Bank's Debt-to-Asset

For the Banks - Regional subindustry, Allied Bank's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allied Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Allied Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Allied Bank's Debt-to-Asset falls into.



Allied Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Allied Bank's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 35447.517) / 2333049.973
=0.02

Allied Bank's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 59748.257) / 2341119.997
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allied Bank  (KAR:ABL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Allied Bank Debt-to-Asset Related Terms

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Allied Bank (KAR:ABL) Business Description

Traded in Other Exchanges
N/A
Address
3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000
Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.